Follow Us:

Archive: April, 2024

Posts in April, 2024

Whether Issuance of notice u/s section 263 after new Faceless Assessment Scheme justified?

April 23, 2024 5640 Views 0 comment Print

Explore the necessity of issuing notices under Section 263 post the Faceless Assessment Scheme introduction. Analyze the schemes efficacy in curbing shortcomings.

Karvy Demat Scam

April 23, 2024 8187 Views 0 comment Print

Delve into the intricate details of the Karvy Demat Scam, from its genesis to repercussions. Explore the role of regulators, auditors, and preventive measures.

Late fees for belated GSTR 9C cannot be levied if filed before commencement of amnesty 

April 23, 2024 14619 Views 0 comment Print

Kerala High Court ruling deems notice demanding late fees on GSTR-9C filed pre-GST Amnesty Scheme unjust. Full text analysis provided.

Delhi HC Orders Canara Bank to Vacate Attachment on Assessee’s Cash Credit under GST

April 23, 2024 3792 Views 0 comment Print

Delhi High Court directs Canara Bank to comply with instructions to vacate attachment on the cash credit account of the petitioner under the GST Act. Read the full judgment here.

HC Sets Aside Income Tax Order Due to Technical Glitch Preventing Petitioner’s Participation

April 23, 2024 1086 Views 0 comment Print

Kerala High Court nullifies Income Tax assessment order for 2016-17 after petitioner couldn’t attend video conferencing due to technical issue. Full judgment analysis.

Drawback & ROSCTL Benefit Cannot be Denied for Procedural Lapse in circular

April 23, 2024 2058 Views 0 comment Print

Lovy International challenged rejection of Drawback to ROSCTL conversion. CESTAT Delhi ruled CBEC Circular time limit invalid. Detailed analysis here.

GST Appeal cannot be rejected for non/delayed submission of certified copy of uploaded order

April 23, 2024 2364 Views 0 comment Print

In a landmark ruling, the Gujarat High Court clarifies Rule 108 of CGST, emphasizing that the period of limitation applies only to manually passed orders, not those uploaded on the common portal.

Converting A Sole Proprietorship Into An OPC – Is It Right?

April 23, 2024 12408 Views 0 comment Print

A sole proprietorship can be defined as a business run by a single person. A One-Person Company (OPC) can be described as a business with a single shareholder as the member. When you convert a sole proprietorship into a one-person company you get a structured and regulated platform and other benefits.

CBDT Circular No. 6/2024: Relief for TDS Deductors on PAN-Aadhar Linkage

April 23, 2024 83631 Views 4 comments Print

Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes operative by linking with Aadhar. Details & implications.

91 days delay in filing Financial Return: MCA imposes Penalty of Rs. 3,32,000

April 23, 2024 885 Views 0 comment Print

Learn about the penalty imposed by the Ministry of Corporate Affairs on Snap Fitness (India) Pvt Ltd for a 91-day delay in filing financial returns under Section 137 of the Companies Act, 2013.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031